DigitalX's Bitcoin (BTC) Treasury Stands at A$26.5 Million in Quarter Report

DigitalX Reports A$60.7 Million in Quarter-End Assets

DigitalX maintained its commitment to a strategic Bitcoin reserve through the September quarter, holding roughly A$26.5 million in dedicated Bitcoin (BTC) holdings inside a total asset base of A$60.7 million. The Australian-listed digital asset manager, which trades on the Australian Securities Exchange under the ticker DCC, published the quarterly report on October 29. Combined cash, digital-asset and investment holdings rose about A$5.8 million from the end of June. The update lands as the Bitcoin (BTC) price trades near $78,330, down 2.1% over the past 24 hours.

The company organizes the total into three categories: cash and cash-like instruments, listed digital assets, and unlisted investment positions. Cash and cash equivalents came to about A$32.3 million at the end of September. Deposits accounted for roughly A$23.46 million of that figure, while about A$8.82 million sat in a tokenized fund holding short-term United States government debt. The report distinguishes the A$23.46 million line labeled cash on its asset table from the wider A$32.3 million cash-and-equivalents measure, because the two aggregate different sets of instruments.

Direct Bitcoin (BTC) holdings at quarter-end totaled 30 coins. On top of that, DigitalX holds units in its own Bitcoin fund worth about A$22.9 million, which the company describes as an indirect position equivalent to roughly 191.8 BTC. The filing is explicit that fund units cannot be counted as the same inventory as directly custodied coins, a distinction that matters when observers quote headline treasury sizes.

BTC Sales in July and October

The treasury has not been static. DigitalX disposed of 80 BTC in July along with other digital assets, and investing activities brought in about A$12.6 million of cash during the quarter, which the company attributes to those sales. A later transaction falls outside the September snapshot: the filing records the sale of roughly 30 additional BTC on October 16, so the quarter-end count and the current position differ. The pattern shows the treasury is not run as a strict hodl posture, since the company both holds and sells at different points. DigitalX sits among a growing group of listed companies running Bitcoin treasury programs on public balance sheets.

Operating cash flow turned negative at a net outflow of A$346,000 for the September quarter, reversing the net inflow of A$300,000 recorded in the prior period. The SellMyShares share-trading service generated quarterly revenue of A$973,000, a 10% increase on the preceding quarter.

The Bitcoin ETF DigitalX manages returned 42% for the quarter, with fund net assets climbing from A$31.7 million at the start of the period to A$45 million by the end of September. The filing keeps that fund-level net asset value separate from the value of the units DigitalX itself owns.

Capital returns formed another thread. The company bought back about 120 million of its own shares during the quarter, returning roughly A$3.1 million to shareholders, and states that its average purchase price sat about 30% below net asset value. Its A$30 million investment and acquisition program targeting artificial intelligence and blockchain companies remains in due diligence, with no binding agreements signed to date. Shareholders will be asked at the annual general meeting on November 26 to approve buying back up to 120 million additional shares.

Bitcoin Near $78,300 With Support at $77,468

Bitcoin's tape frames these treasury decisions. COINOTAG's composite scoring, the same reading behind our Bitcoin (BTC) technical analysis, places the strongest support at $77,468 with a score of 100 out of 100, against resistance at $81,306 scored 76 out of 100. Perpetual open interest stands at $16.23 billion and the funding rate sits at 0.0055%, a near-flat carry that leaves leveraged longs still paying to hold. The RSI reads 36.28, the MACD signal is bearish and the trend is classified as a downtrend, with the Fear and Greed Index at 30 out of 100. For DigitalX, the position now on record is 30 BTC held directly, fund units worth A$22.9 million retained, and a buyback vote scheduled for November 26.